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Detailed text transcripts for TV channel - MSNBC - 20171013:15:47:00

Because those people will then put the money back into the economy. that is a trickle down argument. doesn t always work. some people believe that, but that s not exactly what history shows us. the track record for that is not great. john, good to see you as always. thanks for the discussion. cnbc s john harwood. stand by, everybody. president trump s ethics chief says he is, quote, deeply concerned about the government s leaders. we re going to break that down for you next. you re watching velshi & rhule on msnbc. when a fire is going on, ....

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Detailed text transcripts for TV channel - CNN - 20170928:10:08:00

Means the same thing that you are putting out in a discussion draft, which is basically what the trump administration put out yesterday. this is going to be a very convoluted discussion. thus, you will probably hear more of that, oh, it s better for the middleclass even if we have to take time to figure out if it s true. you are saying it s better for the middleclass, the same old rationale since we have been born. when you free up money, they invest. that s just a trickle down argument. it just is. that argument hasn t carried water since ronald reagan. it hasn t kicked in in the same way. we have seen assets moved overseas. we haven t seen reinvestment of the money that is safe. look, let s not get distracted by the top line rhetoric. if you re a middleclass family in new york making 80 k is and your tax credit is unclear and you can t deduct your state and local, that is a massive tax ....

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